Quote:
Originally Posted by Flash Walken
Also, didn't our resident cyborg sureLoss reveal that the kings will be on the hook for the cap penalty if they terminate the contract?
Something something buyout is actually less of a cap hit than terminating?
Something?
Beuller?
|
Yes, because it was front-loaded, there will be a cap penalty of $1.32 million per season for the next 5 seasons.
If they had bought him out, the cap hit for 2015-16 would actually have been less than $1.32 million, but the cap hit for the rest of the buyout period would be higher, and it would also go for 10 more seasons.
Also, by terminating the contract, the Kings don't have to pay him anything more, they just have less cap space. With a buyout, they'd be paying him a little under $15 million over the next decade.